CONTANGO
11
Scrabble
15
WWF
C(3) O(1) N(1) T(1) A(1) N(1) G(2) O(1)
NWL/TWL ✓ Collins ✓ WWF ✗
Definition
noun
- The situation in a futures market where prices for future delivery are higher than prices for immediate (or nearer) delivery.
- The amount by which prices for future delivery are higher than prices for near delivery.
- (London Stock Exchange) Fee paid by a buyer to the seller on settlement day when the buyer wishes to defer settlement until the next settlement day.
verb
- (London Stock Exchange) To charge (a buyer) a fee to defer settlement until the next settlement day.
Source: Wiktionary
Hooks
Back hooks: CONTANGO-S
